BEML is currently trading at Rs. 840.00, up by 28.95 points or 3.57%, from its previous closing of Rs. 811.05 on the BSE.
The scrip opened at Rs. 817.95 and has touched a high and low of Rs. 841.80 and Rs. 810.35 respectively. So far 35452 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1034.35 on 03-Apr-2019 and a 52 week low of Rs. 521.00 on 26-Oct-2018.
Last one week high and low of the scrip stood at Rs. 847.20 and Rs. 795.90 respectively. The current market cap of the company is Rs. 3473.15 crore.
The promoters holding in the company stood at 54.03%, while Institutions and Non-Institutions held 29.48% and 16.49% respectively.
BEML has opened a ‘Bogie Traction Motor Run test facility’ for Metro at its Metro manufacturing unit in Bengaluru. The indigenously developed facility is one of its kind in India, and will help in improving Metro train ride quality and increases the reliability of coaches.
The indigenously developed facility is one of its kind in India, and will help in improving Metro train ride quality and increases the reliability of coaches. This will run on electrical drive type for checking the drive from Traction Motors to Wheels.
BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.